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What is the future value of $925 deposited for one year earning an 8 percent interest rate annually? Future value $ A deposit of $420 earns the following interest rates: a. 9 percent in the first year. b. 7 percent in the second year. c. 6 percent in the third year. What would be the third year future value? (Round your answer to 2 decimal places.) Future value $ You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $360,000; accounts receivable = $1,280,000; inventory = $2,180,000; accrued wages and taxes = $540,000; accounts payable = $840,000; and notes payable = $680,000. Calculate PattyCakes' current ratio. (Round your answer to 2 decimal places.) Current ratio times Calculate PattyCakes' quick ratio. (Round your answer to 2 decimal places.) Quick ratio times Calculate PattyCakes' cash ratio. (Round your answer to 2 decimal places.) Cash ratio times What is the future value of $925 deposited for one year earning an 8 percent interest rate annually? Future value $
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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